Cycles – Anti-Globalization And The End of the Debt Super Cycle

All the well followed economic cycles such as Martin Armstrong’s “Economic Confidence Model”, Harry Dent’s 39 Year Generational Cycle – 35 Year Geo-Political Cycle – 10 Year Boom-Bust Cycle or the Kondratieff Cycle all point down through early 2020. As Gordon T Long and Charles Hugh Smith examine in this 30 Minute video it is fundamentally about shifting generation behavioral sentiment and a cyclical change in “mood”.
The September 1992 issue of The Elliott Wave Theorist described these cyclical economic oscillations:
Major bear markets are accompanied by a reduction in the size of people’s unit of allegiance, the group that they consider to be like themselves. At the peak, there is a perceived brotherhood of men and nations. … In other words, at a peak, it’s all ‘we’; everyone is a potential friend. At a bottom it’s all ‘they’; everyone is a potential enemy. When times are good, tolerance is greater and boundaries weaker. When times are bad, intolerance for differences grows, and people build walls and fences to shut out those perceived to be different.

This post was published at GoldSeek on 4 December 2016.